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Installing a rear spoiler on a car provides a variety of benefits for owners. The main benefits, perhaps, are for better traction and to add a sporty look, but also include other advantages, such as increased fuel efficiency, added visibility, reduced car weight, and braking stability.
The latest publication of Global Automotive Rear Spoiler Market Research Report 2018 from QYResearch showed that, global revenue for the Automotive Rear Spoiler market was valued at $ 405 million in 2017, and is expected to generate revenue of $ 479 million by end of 2025 at a CAGR of 2.11%.
The geographical segmentation includes North America, Europe, China, Japan & Korea, Southeast Asia and RoW (Rest of World). Europe holds the largest share in this market, in terms of revenue. Compared with North America and Europe, Asia-Pacific is expected to witness higher growth rate owing to the presence of growing economy, growing automotive production and high focus of global market players on emerging Asia-Pacific regions such as China, India and Southeast Asia.
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This market concentration degree is high and contains some giant local and multinational vendors. Key vendors analyzed in this market research are
• Plastic Omnium
• Samvardhana Motherson Peguform
• Jiangnan MPT
• AP Plasman
• SRG Global
• Polytec Group
• Dar Spoilers
• Eakas Corporation
Of the major players of the Automotive Rear Spoiler market, Plastic Omnium maintained its first place in the ranking in 2017. Plastic Omnium account for nearly 9.64% of the Global Automotive Rear Spoiler revenue market share in 2017, while The Top 5 players account for nearly 40.92% market in 2017.
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